The 2022 Budget was tabled in Parliament on 29 October 2021 but there was no announcement of the extension of HOC 2021. It is disappointing news to many ambitious home buyers as HOC 2021 is slated to end on December 31, 2021.
71% of the “REHDA Property Industry Survey 1H2021 and Market Outlook 2H2021” survey respondents are participating in HOC 2020-2021 and believed that the campaign helped to boost property sale.
HOC 2021 has helped many home buyers to purchase their home with the stamp duty exemptions and higher loan margin. With limited time remaining until the end of the year, it could be the last chance for home buyers to benefit from it.
Sime Darby Property, one of Malaysia’s leading developers did not miss the opportunity to join HOC 2021 so that buyers can make a good home choice.
Besides HOC 2021, Sime Darby Property's Spotlight 8 Campaign offers a total of RM288,000 worth of prizes to be won for houses purchased between now and December 31, 2021.
The Spotlight 8 Campaign is on 11 townships such as the Bandar Bukit Raja, Subang Jaya City Centre (SJCC), Planters' Haven, and other townships below:
Leverage on the ongoing home ownership campaign (HOC) while enjoying the enormous savings with Your Instalments on Us deal with up to 18 months of instalments upfront, on top of the Spotlight 8 campaign offering cash and prizes worth up to RM288,000 for the monthly and grand lucky draw prize winners. This is your ultimate chance!
HOC was first introduced in 2019 to stimulate the property buying process. It had been successful in reducing the property overhang volume and helping first-time homebuyers, especially. Due to the Covid-19 pandemic, the HOC was re-introduced on June 1, 2020, and extended until December 2021, as part of the Program Strategik Memperkasa Rakyat dan Ekonomi Tambahan (Pemerkasa Plus). HOC 2020-2021 recorded total sales of RM25.65 billion (34,354 properties) as of February 28, 2021 - proven to be one of the financial initiatives which excite property buying in Malaysia.
About Sime Darby Property
Sime Darby Property is a multi-award winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged the Platinum Award at the Putra Brand Awards 2020 after 10 consecutive Gold Awards from 2010 to 2019; and its 9th Top 10 Developers Awards at the BCI Asia 2020. Sime Darby Property has also been recognised among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.
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